A press release from Jim Tobin:
Taxpayers Revolt Against Illinois State Senate Income Tax Hike
CHICAGO — Illinois taxpayers, hammered by some of the highest state and local taxes in the nation, are increasingly venting their anger and frustration toward the State Senate and House Democrats who hold the state in their death-grip, notes Jim Tobin, President of Taxpayers United of America (TUA).
“The Democrats in the State Senate just voted to raise the already-high state personal income tax from 3.75 percent to 4.95 percent, a 32 percent increase.
“They also voted to raise the state corporate rate to 9.5 percent,” said Tobin.
“These tax increases would be retroactive to January 1.
“All 32 Democrat Senators voted for the increases. Not a single Republican supported these job-killing tax increases.”
“No wonder Illinois has lost more residents than any other state for the third consecutive year.
“And Chicago, the most corrupt city in the nation, was the only city of the nation’s 20 largest cities to lose population in 2016.”
The Chicago Sun-Times reported that taxpayers blasted notorious tax-raiser, State Sen. Toi Hutchinson (D-40, Chicago Heights), who helped pass the income tax increase in the senate.
“You dirt bags stop screwing the taxpayers,” posted one person on Facebook.
Another taxpayer commented, “Keep your grubby hands off our tax money you crook.”
“How dare you raise my taxes in this corrupt state. You are ruining people’s lives with your tax and spend ways,” wrote another angry taxpayer.
“Now the state income tax increases go to the State House of Representatives, controlled by Chicago machine boss Michael Madigan (D-22, Chicago).
“Hopefully, Madigan will come to his senses and kill this fiscally-suicidal measure in the house,” said Tobin.
“And if not, we trust that Gov. Rauner (R) will do the right thing and veto the income tax hike.”
“Illinois is bankrupt due to the huge deficits of its government-employee pension funds. It is too late for the state to tax itself out of this predicament. Puerto Rico recently declared bankruptcy, and it looks more and more like this is the only salvation for Illinois.”